TOKYO: Japanese stocks fell for a fifth day, with the benchmark index headed for the longest losing streak in three months, after the yen rose to a five-week high against the euro, damping the earnings outlook for exporters as the Bank of Japan starts a two-day policy meeting today.
The Nikkei 225 Stock Average dropped 0.4% to 8,818.55 as of 9:01 a.m. in Tokyo.
The broader Topix Index slid 0.4% to 755.72 with 24 out of the 33 industry groups falling.(Bloomberg/T03/TW)
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